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Blockchain Technology for Paperless Trade Facilitation in Maldives

Blockchain Technology for Paperless Trade Facilitation in Maldives
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 82
Release: 2020-12-01
Genre: Computers
ISBN: 929262606X

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The Asian Development Bank, under the South Asia Subregional Economic Cooperation program, is helping Maldives implement a robust domestic and regional trade system. This integrated trade network facilitates seamless movement of goods and documents, across organizational and national boundaries, and will vastly improve the business environment and overall economic activity. This publication outlines key blockchain use cases recommended for implementation in Maldives for trade facilitation. A feasibility study conducted from April to July 2019 established the use cases of blockchain technology to facilitate cross-border trade and improve operational performance of domestic trade processes in Maldives.


White Paper Blockchain in Trade Facilitation

White Paper Blockchain in Trade Facilitation
Author: United Nations
Publisher:
Total Pages: 158
Release: 2020-12-28
Genre: Political Science
ISBN: 9789211172546

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Blockchain technology is one of the most talked about topics in the sphere of information technology as well as in the facilitation of electronic business. The cryptocurrency Blockchain applications are well known and well-publicized, however, this technology has the potential to influence the way that we do business today, as its use expands to new areas. Blockchain, which is one form of Distributed Ledger Technology (DLT), offers opportunities to increase the reliability and security of trade transactions. The repetition of data among multiple ledgers in a network, as well as the immutability of information after it has been integrated into the Blockchain, can increase levels of confidence for both traders and regulators.


The Elgar Companion to the World Trade Organization

The Elgar Companion to the World Trade Organization
Author: Julien Chaisse
Publisher: Edward Elgar Publishing
Total Pages: 951
Release: 2023-12-11
Genre: Political Science
ISBN: 1800882866

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This comprehensive Companion provides an extensive guide to understanding the World Trade Organization (WTO) and its impact on the global economy. Addressing the challenges facing the WTO amidst a rapidly evolving landscape, the book delves into the diverse trade policies of countries and regions, providing rare insights into their impact on the global trade governance frameworks.


Big Data and Global Trade Law

Big Data and Global Trade Law
Author: Mira Burri
Publisher: Cambridge University Press
Total Pages: 407
Release: 2021-07-29
Genre: Business & Economics
ISBN: 110884359X

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An exploration of the current state of global trade law in the era of Big Data and AI. This title is also available as Open Access on Cambridge Core.


Future of Regional Cooperation in Asia and the Pacific

Future of Regional Cooperation in Asia and the Pacific
Author: Bambang Susantono
Publisher: Asian Development Bank
Total Pages: 536
Release: 2020-11-01
Genre: Political Science
ISBN: 9292624938

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This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.


Asia-Pacific Trade Facilitation Report 2019

Asia-Pacific Trade Facilitation Report 2019
Author: Asian Development Bank
Publisher:
Total Pages: 102
Release: 2019-09
Genre: Business & Economics
ISBN: 9789292617301

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The report reviews trade facilitation progress in Asia and the Pacific and explores how technology can help bridge trade finance gaps. Trade facilitation initiatives can make an important contribution to economic growth and poverty reduction by lowering trade costs and increasing trade flows. This report reviews trade facilitation progress in the region, including recent trends in paperless trade and transit facilitation and the impact of trade facilitation initiatives on trade costs. It also features a special chapter on how trade finance gaps--especially prevalent for small and medium-sized enterprises--can be bridged by technology, and the supporting policies and actions required to make this happen.


Can Blockchain Revolutionize International Trade?

Can Blockchain Revolutionize International Trade?
Author: Emmanuelle Ganne
Publisher:
Total Pages: 0
Release: 2018
Genre: Blockchains (Databases)
ISBN: 9789287047618

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Trade has always been shaped by technological innovation. In recent times, a new technology, Blockchain, has been greeted by many as the next big game-changer. Can Blockchain revolutionize international trade? This publication seeks to demystify the Blockchain phenomenon by providing a basic explanation of the technology. It analyses the relevance of this technology for international trade by reviewing how it is currently used or can be used in the various areas covered by WTO rules. In doing so, it provides an insight into the extent to which this technology could affect cross-border trade in goods and services, and intellectual property rights. It discusses the potential of Blockchain for reducing trade costs and enhancing supply chain transparency as well as the opportunities it provides for small-scale producers and companies. Finally, it reviews various challenges that must be addressed before the technology can be used on a wide scale and have a significant impact on international trade.


COVID-19 and E-commerce

COVID-19 and E-commerce
Author: United Nations Publications
Publisher:
Total Pages: 154
Release: 2022-04-30
Genre: Political Science
ISBN: 9789211130133

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This publication assesses the impact of COVID-19 on e-commerce and digital trade. While the pandemic caused a sharp deceleration in economic activity, it also led to a rapid acceleration of e-commerce. With restrictions on movement and other public health interventions in place, digital solutions have become essential to continued delivery of economic and social activities. And, as the digital economy and e-commerce play an increased role in Sustainable Development, stakeholders at all levels have a responsibility to ensure that these technologies play a positive and powerful role in national and international recovery efforts. Indeed, those that can harness the potential of e-commerce will be better placed to benefit from global markets for their goods and services, while those that fail to do so risk falling behind. Thus, the critical global policy challenge that emerges from this study is that greater efforts are needed to help reduce inequalities in e-trade readiness that currently prevail amongst countries.


Keeping Pace with Change: Fintech and the Evolution of Commercial Law

Keeping Pace with Change: Fintech and the Evolution of Commercial Law
Author: International Monetary Fund
Publisher: International Monetary Fund
Total Pages: 31
Release: 2022-01-27
Genre:
ISBN: 1616358750

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This note explores the interactions between new technologies with key areas of commercial law and potential legal changes to respond to new developments in technology and businesses. Inspired by the Bali Fintech Agenda, this note argues that country authorities need to closely examine the adequacy of their legal frameworks to accommodate the use of new technologies and implement necessary legal reform so as to reap the benefits of fintech while mitigating risks. Given the cross-border nature of new technologies, international cooperation among all relevant stakeholders is critical. The note is structured as follows: Section II describes the relations between technology, business, and law, Section III discusses the nature and functions of commercial law; Section IV provides a brief overview of developments in fintech; Section V examines the interaction between technology and commercial law; and Section VI concludes with a preliminary agenda for legal reform to accommodate the use of new technologies.